Rick LEE, CEO of the development company : The Pavilions El Nido, Palawan Island, was interview for a press release in August 2020.
Luxury Philippines development, The Pavilions El Nido, Palawan Island, has
revealed impressive leasehold sales figures.
Half of the 66 off-plan villas and over-water suites in phase one are already reserved, with the full complement of 96 units on target to sell-out before the close of this year. The resort will be fully operational in early 2022.
Rick Lee, CEO of the development company, said:
“Serious real estate investors have held their nerve during a globally challenging year and are finding the confidence to invest in a future-proof project such
as The Pavilions El Nido, Palawan Island. As a fully-managed resort, this is a passive investment and buyers will receive guaranteed annual rental returns, four weeks’ free personal usage each year, The Pavilions Hotels & Resorts owners’ global benefits, and the option of a buy-back – with uplift. It’s a compelling investment case, we are on target to have all 96 units sold within the next few months.”
The Pavilions El Nido, Palawan Island also ticks most of the ‘new normal’ boxes in terms of a worldwide craving for safe sanctuary.
“The Pavilions El Nido, Palawan Island is purpose-built to suit a post-pandemic era,” continues Rick. “All our units are detached, sit on their own plot, and feature private swimming pools and private kitchens, so guests can holiday in splendid isolation should they so desire. Meanwhile, life at El Nido centres on the outdoors and very unique experiences including – snorkelling, diving, and walking, plus our own on-site Adventure Park – reconnecting visitors to unspoilt nature. It’s the perfect antidote to a backdrop of being kept indoors for extended periods.”
Indeed, the Philippines has been a hotbed of tourist investment over recent years, fuelled by consistent growth in international and domestic visitors. In 2019, foreign arrivals rose by 15.24% to 8.26 million.
According to a survey by the Department of Tourism (DOT), these tourists most liked the Filipino’s warm hospitality (46.35%), beautiful scenery (30.04%) and good food (8.45%). Palawan ranked sixth among Philippines most-visited places, famed for its diverse flora and fauna, coral reefs, mangrove, tropical rainforest, powder-white beaches, and turquoise seas peppered with vegetation-clad limestone rock formations.
One main island surrounded by a cluster of 1,700 smaller ones, the Biosphere Reserve of Palawan has consistently been insulated from the spread of COVID-19. El Nido has had the grand total of one case to date (August 2020).
The Pavilions El Nido, Palawan Island is The Pavilions Hotels & Resorts first five-star foray in the Philippines. It features a sumptuous mix of one-bedroom and two-bedroom luxury villas, plus Maldivian-style over-water villas, each with their own private plunge pool. The ten-hectare beachfront estate boasts panoramic tropical ocean views, direct sea access, white-sand beaches, a dive centre, Pavilions signature Spa and wellness facilities, a clubhouse, unique dining experiences and the aforementioned Adventure Park. The development is built with minimal environmental impact and sustainability in mind.
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